Property:

• ±15-year Absolute Net Ground Lease with ZERO landlord responsibilities
• The lease includes fixed 5% rental increases every five years throughout the primary term and each of the 8, five-year extension options.
• 5 mile population in excess of 40,579 residents
• Extremely strong average household income of $97,182 (5 mile radius).
• Florida is an income tax-free state.
• Traffic counts in excess of 52,000 vehicles daily.
• Nearby national tenants include Publix, Waffle House, Starbucks, Whataburger, Walmart Supercenter, Lowes, Walgreens, and more.

 

Tenant:

• Circle K is one of the largest convenience store brands globally with more than ±14,800 locations across North America, Europe, and Asia.
• Circle K is a subsidiary of Alimentation Couche-Tard Inc., which holds a BBB+ credit rating from S&P, underscoring the tenant’s strong financial backing and creditworthiness.